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SHSE:600345's PB Ratio is ranked worse than 74.2% of 2419
companies
in the Hardware industry
Industry Median: 2.31
vs SHSE:600345: 4.47
During the past 12 months, Wuhan Yangtze Communications Industry Group Co's average Book Value Per Share Growth Rate was 8.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -1.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 1.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 5.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Wuhan Yangtze Communications Industry Group Co was 14.90% per year. The lowest was -1.20% per year. And the median was 5.60% per year.
Back to Basics: PB Ratio
Wuhan Yangtze Communications Industry Group Co (SHSE:600345) PB Ratio Explanation
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Wuhan Yangtze Communications Industry Group Co PB Ratio Related Terms
Wuhan Yangtze Communications Industry Group Co PB Ratio Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Wuhan Yangtze Communications Industry Group Co PB Ratio Chart
Wuhan Yangtze Communications Industry Group Co Annual Data
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Wuhan Yangtze Communications Industry Group Co PB Ratio vs Hardware Industry
Wuhan Yangtze Communications Industry Group Co PB Ratio Calculation
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Wuhan Yangtze Communications Industry Group Co (SHSE:600345) has a PB Ratio of 4.47 as of Jul. 16, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Wuhan Yangtze Communications Industry Group Co and its competitors. This is 101% above median its historical median of 2.22. Over the past decade, Wuhan Yangtze Communications Industry Group Co's PB Ratio has ranged from 1.22 to 5.66. According to the industry distribution chart, Wuhan Yangtze Communications Industry Group Co ranks #1795 out of 2419 companies in the Hardware industry, placing it in the top 74.2%.
Is Wuhan Yangtze Communications Industry Group Co's PB Ratio too high?
Wuhan Yangtze Communications Industry Group Co's current PB Ratio of 4.47 is 101% above median its 10-year median of 2.22. Over the past 10 years, this metric has ranged from a low of 1.22 to a high of 5.66. The Hardware industry median PB Ratio is 2.31. Wuhan Yangtze Communications Industry Group Co's value of 4.47 is 93.5% above this industry median. Based on the distribution chart, Wuhan Yangtze Communications Industry Group Co ranks #1795 out of 2419 companies in the Hardware industry, which is below the industry midpoint. Overall, Wuhan Yangtze Communications Industry Group Co has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wuhan Yangtze Communications Industry Group Co's PB Ratio compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Wuhan Yangtze Communications Industry Group Co ranks #1795 out of 2419 companies for PB Ratio. This places Wuhan Yangtze Communications Industry Group Co in the lower half of its industry. The industry median PB Ratio is 2.31. Wuhan Yangtze Communications Industry Group Co's value of 4.47 is 93.5% above this benchmark. Historically, Wuhan Yangtze Communications Industry Group Co's own PB Ratio has ranged from 1.22 to 5.66 over the past decade. While the company's 10-year median is 2.22 vs. the industry median of 2.31, Wuhan Yangtze Communications Industry Group Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Hardware company?
The median PB Ratio among Hardware companies is 2.31, based on 2,419 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Wuhan Yangtze Communications Industry Group Co's current PB Ratio of 4.47 is 93.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Wuhan Yangtze Communications Industry Group Co and its competitors. For the Hardware industry, the median PB Ratio is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wuhan Yangtze Communications Industry Group Co's current PB Ratio is 4.47, which is 101% above median its own 10-year median of 2.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wuhan Yangtze Communications Industry Group Co stock overvalued right now?
Based on GuruFocus' analysis, Wuhan Yangtze Communications Industry Group Co (SHSE:600345) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥22.11, compared to a current price of ¥51.65 — trading 133.6% above its estimated fair value. The current PB Ratio is 4.47, which is 101% above median its 10-year median of 2.22 and 93.5% above the Hardware industry median of 2.31. Wuhan Yangtze Communications Industry Group Co's overall GF Score™ is 56/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Wuhan Yangtze Communications Industry Group Co (SHSE:600345), the current PB Ratio is 4.47 as of Jul. 16, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Wuhan Yangtze Communications Industry Group Co (SHSE:600345) Overvalued in 2026?
Based on GuruFocus' analysis, Wuhan Yangtze Communications Industry Group Co stock appears to be overvalued.
The current stock price of ¥51.65 is trading 133.6% above its estimated GF Value™ of ¥22.11.
GuruFocus considers Wuhan Yangtze Communications Industry Group Co to be Significantly Overvalued.
Key valuation signals for SHSE:600345:
PB Ratio: 4.47 (101% above median its 10-year median of 2.22)
GF Value™: ¥22.11 vs. price of ¥51.65 (133.6% above fair value)
Industry Position: 93.5% above the Hardware median (#1795 of 2419)
No single metric tells the full story. See the SHSE:600345 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wuhan Yangtze Communications Industry Group Co Business Description
Wuhan Yangtze Communications Industry Group Co Ltd is engaged in the investment, manufacture, and sales of communications, lighting and display products. Its product includes optical transmission equipment, access network equipment, optical fiber and cable, wireless communications system and equipment, base station radiofrequency cable, digital video equipment, communication equipment precise structure product, optical memory product, and relevant software.
56GF Score
Get the complete analysis for SHSE:600345
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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